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Enforcement against property

Enforcement against property means an enforcement measure whereby a creditor has property belonging to the debtor placed under the control of a court so that it can be sold and he can have the price paid to him.

An incorporeal movable is an asset that has no material existence. It is an intangible property (e.g. a sum of money, the shares in a company).

Incorporeal movables can be attached in various ways in France. The choice of the measure will in particular depend on the subject matter of the attachment (shareholder rights, pay, etc.).

An incorporeal movable is an asset that has no material existence. It is an intangible property (e.g. a sum of money, the shares in a company).

Incorporeal movables can be attached in various ways in France. The choice of the measure will in particular depend on the subject matter of the attachment (shareholder rights, pay, etc.).

Tangible movables are goods that have a material existence and that can be moved (such as a television set or a car).

The civil procedures for enforcement, in particular for executing the attachment of tangible movables, are governed by Law 91-650 of 9 July 1991 and Decree 97-755 of 31 July 1992.

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Arrestment

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Personnel of the enforcement system

ATTACHABLE PROPERTY

Article 1560 of the Belgian Judicial Code states that:

"The creditor can pursue the compulsory purchase of:

1) property and its accessories belonging to the debtor;